Bitcoin trading platform SFOX has released a report on the volatility of the cryptocurrency market in May 2019, finding that bitcoin is used as an instrument for hedging financial bets.
The U.S. Commodity Futures Trading Commission had a message for conference goers at Consensus 2019: “Be on the lookout for virtual currency fraud” and if you see it, let us know.
The Financial Crimes Enforcement Network has issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies. What do you need to know?
The suspension commenced at 09:30 EDT on the day of the announcement. BTGN’s shares last traded at 9 cents, and they’ll remain so until 23:59 on May 10, 2019, when the suspension will be lifted.
Sensing a rise in crypto-related scams and fraudulent investment schemes, the SEC and the CFTC have issued a joint warning to investors, encouraging them to take a more thorough approach to verifying potential investments in the space.